Justin Sun’s Recent Cryptocurrency Transactions Revealed

Justin Sun, the founder of TRON and the owner of Huobi (HTX) and Poloniex crypto exchanges, engaged in recent transactions based on on-chain data.

Per Lookonchain, a cryptocurrency analysis company, Sun executed trades involving 127,510 LINK ($1.85 million), 202,385 STORJ ($200 thousand), 53.68B PEPE ($76.7 thousand), and 13,904 DYDX ($43 thousand) approximately an hour before Binance halted trading.

At the time of writing, the cryptocurrency billionaire holds $1.4 billion in assets in known wallets. Since the start of December, Sun has accrued profits of around $310 million.

A substantial portion of Sun’s assets is tied to his cryptocurrency ecosystem. He possesses TRX valued at $226 million, BTT tokens totaling $125 million, USDD valued at $278 million, STUSDT at $48 million, WTRX at $38.88 million, and JST tokens at $24 million.

However, Sun’s assets, which stood at $3.19 billion at the beginning of 2022, seem to have been significantly impacted by market declines. Notably, recent incidents involving hacking on HTX and Poloniex exchanges resulted in the theft of a substantial amount of cryptocurrency.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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